Discovered Small Fields Bid Round-II

Following the success of DSF Bid Round-2016 and the fact that there are still many more unexploited discoveries, Government has extended the DSF policy and launched DSF Bid Round-II on 09th August 2018 offering 25 Contract Areas for International Competitive Bidding. Features of DSF Round –II are as below:

  • 25 Contract Areas (59 fields) offering for International Competitive Bidding
  • Established Hydrocarbon resource base of over 189.6 MMT (O+OEG)
  • Larger field areas on offer in already ready discovered basins
  • Better fiscal offering through Revenue Sharing Contracts
  • Investor friendly DSF policy – further aligned to ‘HELP’

Notice Inviting Offer (NIO) New Model Revenue Sharing Contract (MRSC)
Timelines

09th August, 2018

Launch of DSF Bid Round-II (NIO & MRSC)

10th August, 2018

Data Room opening at NDR

18th January, 2019 New

Bid Submission Closing